AVS Verkehrssicherung has signed an agreement to acquire Gerding GmbH / MIS GmbH
Leverkusen/Senden (Germany), May 14, 2020 - AVS Verkehrssicherung ("AVS"), a Triton Fund IV portfolio company, has signed an agreement to acquire Gerding GmbH Verkehrstechnik and MIS GmbH ("Gerding/MIS"), a renowned provider in the field of traffic engineering based in Senden, Germany. Terms and conditions of the transaction are not disclosed.
Gerding and MIS, based in Senden/Münsterland, have 25 employees and many years of experience in traffic engineering and mobile traffic jam warning systems. With the planning, delivery and installation of traffic signs and gantries, Gerding works closely together with state developers, cities and municipalities as well as private construction companies throughout Germany. As a service provider, MIS GmbH offers fully automatic, self-sufficient traffic jam warning systems and mobile LED variable message signs.
"The company is known as a long-standing, reliable and innovative service provider. For AVS, the acquisition of Gerding/MIS is an ideal expansion of the competences in the segment of congestion warning systems and mobile signage", said Andreas Schwingeler, COO at AVS.
"As part of AVS, we can bundle our knowledge and jointly develop effective solutions for the information and control of road users", Thomas Gerding, Managing Director of Gerding GmbH as well as MIS GmbH, added.
About AVS Verkehrssicherung
AVS Verkehrssicherung is a leading specialist provider of traffic safety services in Germany and Europe. The company is headquartered in Leverkusen and offers all essential services related to road safety projects. These include comprehensive advice and the necessary approval procedure for all traffic safety facilities, as well as installation, marking work, maintenance and inspection tours, dismantling and demarking. AVS is represented throughout Germany at more than 25 nationwide locations. Internationally AVS has more than 10 locations in Belgium, Denmark and Latvia. AVS employs around 1,100 people.
For further information: www.avs-verkehrssicherung.de
About Gerding and MIS
Gerding GmbH Verkehrstechnik is a nationwide working special supplier for road equipment. The service includes the planning, delivery and installation of traffic signs, gantries, cantilevers and ground signs as well as mobile traffic jam warning systems and mobile LED variable message signs.
MIS - Mobile Informationssysteme - GmbH is a manufacturer, rental company and service provider offering fully automatic and fully self-sufficient mobile traffic jam warning systems with classic prism technology as well as mobile LED variable message signs in different sizes. The information systems of MIS inform road users specifically about disturbances and, if possible, guide them around the disturbance.
Since its establishment in 1997, Triton has sponsored nine funds, focusing on businesses in the industrial, business services, consumer and health sectors. The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe.
Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change towards sustainable operational improvements and growth.
The 42 companies currently in Triton's portfolio have combined sales of around €17,2 billion and around 81,400 employees.
For further information: www.triton-partners.com